Why Those Guys Won the Economics Nobels
Harvard Business Review
APRIL 2, 2014
It feels like it’s got a little bit of Kahneman and Tversky in it. In a way it’s surprisingly close to Shiller, but Shiller’s view is that people can’t know the true model and then become excessively influenced by social forces, and can get into a herd mentality. The pot of gold can no longer be just at the end of the rainbow.
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